Leeds, UK / Frankfurt, Germany / St Gallen, Switzerland / Bozeman, USA (10.12.2023) – Zoot, a market-leading digitalisation provider to the financial services industry, launches an all-in-one origination solution for Buy Now Pay Later lenders in Europe. The end-to-end service is plug and play yet highly configurable. The Zoot solution includes dynamic application capture screens; external data and service integrations; sophisticated decisioning for credit, affordability and compliance; and document generation with e-signature.
In addition to including everything a lender needs to make smart decisions rapidly, the new out-of-the-box BNPL solution contains drag-and-drop capabilities and libraries to allow the lender’s staff to comprehensively modify the entire solution within minutes. Using Zoot’s BNPL solution, the lender’s staff directly control the entire solution in-house, thus enabling full independence from the software vendor.
Adam Jackson, Managing Director UK, commented, “Zoot has unparalleled BNPL experience, having grown with the industry since we provided the very first BNPL decisioning system. And today we are excited to launch such a powerful combination of advanced technology and expertise. With more regulation on its way, agile technology has never been more important to ensure lenders are ready to respond and adapt. Zoot’s solution ensures our clients are able to constantly innovate and lead in such a fast-moving market.”
Mischa Schmierer, VP Solutions and Services, commented, “The Zoot service is not restricted to a particular territory and comes with live API connections to local data and service providers to support the smartest and fastest decisions in a particular country. Everything is controlled via a low-code UI with intuitive drag-and-drop capabilities and libraries to allow the lender’s staff to modify the entire solution within minutes. Such freedom and power save considerable time-to-market and money versus other providers that still require significant professional services.”
